Business
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Better economy has smokers buying more Marlboros
Associated Press | July 29, 2015 9:07 amA better economy is helping sell more Marlboros and Camels, even as prices climb. That brought higher profits for their makers in the second quarter.
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IMF’s Lagarde: World economy fragile, faces downside risks
Associated Press | July 29, 2015 8:07 amInternational Monetary Fund chief Christine Lagarde says the world economy is recovering but fragile and “faces some downside risks.”
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Volkswagen Q2 earns slip on restructuring, troubled markets
Associated Press | July 29, 2015 7:07 amAutomaker Volkswagen saw profits slip in the second quarter despite taking the global lead in sales over Toyota and GM.
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US pending home sales slip in June
Associated Press | July 29, 2015 7:07 amThe number of signed contracts to buy homes fell in June, as limited supplies of homes on the market are holding back possible sales growth.
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Greece’s Tsipras: party rebels could force early election
Associated Press | July 29, 2015 7:07 amGreece’s prime minister sought to contain a deepening rift in his radical left Syriza party Wednesday, warning rebels that he would have to call early elections if they keep opposing key reforms demanded for a new international bailout.
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Insurer Anthem hikes 2015 forecast, 2Q earnings climb
Associated Press | July 29, 2015 7:07 amAnthem has pumped up its 2015 forecast again after earnings jumped more than 17 percent in its most recent quarter, helped by a surge in government money. The Blue Cross-Blue Shield carrier now expects 2015 adjusted earnings to top $10 per share, which is up from an upgraded forecast in April to greater than $9.90 […]
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MasterCard 2Q profit slips and revenue falls short
Associated Press | July 29, 2015 6:07 amMasterCard Inc. on Wednesday said that its second-quarter profit edged down 1 percent as a strong dollar weighed on the company’s results.
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US strength helps Goodyear top expectations
Associated Press | July 29, 2015 6:07 amThe Goodyear Tire & Rubber Co. on Wednesday reported a drop in second-quarter profit as a strong U.S. dollar cut into international sales, but the results beat Wall Street expectations.
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Drugmaker GSK sees earnings growth returning in 2016
Associated Press | July 29, 2015 5:07 amBritain-based drugmaker GlaxoSmithKline has reported a drop in earnings in the first full quarter since its deal to swap some assets with Swiss rival Novartis.
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Germany’s HeidelbergCement to buy Italcementi
Associated Press | July 29, 2015 4:07 amGermany’s HeidelbergCement AG says it plans to buy Italy’s Italcementi, starting with the 1.67 billion euro ($1.85 billion) acquisition of a 45 percent stake.